Circular No. 183 / 02 / 2015-ST F. No. B-1 /1/2015-TRUGovernment of IndiaMinistry of FinanceDepartment of Revenue(Tax Research Unit)***Room No. 153, North Block, New Delhi.Dated 10th April, 2015.To Chief Commissioner of Customs and Central Excise(All)Chief Commissioner of Central … [Read more...]
There is no change in the rate of Service Tax w.e.f. 1st April 2015
CAI/IDTC/GST/20151st April, 2015Clarification- No change in rate of Service TaxFinance bill, 2015 has proposed to increase effective rate of Service Tax from 12.36% to 14%. It is wrongly reported in some quarters that the effective date of change in rate of Service Tax is 1st April, 2015. It is … [Read more...]
Amendments in service tax in Union Budget 2015
1. Service tax rates: The service tax rate being increased from 12.36 percent (including education cess @ 3 percent) to 14 percent. The ‘Education Cess’ and ‘Secondary and Higher Secondary Education Cess’ shall be included in the revised service tax rate. Thus, the effective rate of service … [Read more...]
Service Tax (Amendment) Rules, 2015 is notified
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No.5/2015-Service Tax, 1. (1)These rules may be called the Service Tax (Amendment) Rules, 2015. … [Read more...]
Procedure of service tax registration and documents required with effect from 01/03/2015
F. No. 137/22/2012-Service Tax ( Part-I) Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Service Tax Wing ************* 2. General procedure … [Read more...]
Central Excise and Service Tax Audit Norms
Circular No. 995/2/2015-CX dated the 27th Feb., 2015 F. No. 206/03/2014-CX.6Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise and Customs ToThe Principal Chief Commissioners/Chief Commissioners of Central Excise and Service Tax (All),The … [Read more...]
Amendments in Negative List in Union Budget 2015-16
Section 66D of Finance Act, 1994 provides the Negative list of services. Certain amendments have been made in negative list of services in Union Budget 2015-16. These amendments will be effective from date of notification in the Official Gazette. Let us go through these amendments in brief. 1. … [Read more...]
Amendments in negative list & service tax rules in union budget 2014-15
In Union Budget 2014-15, certain amendments were proposed in the negative list and Service Tax Rules. These amendments were to come into force on when the Finance Act was enacted. Let us look at these amendments. 1. Services provided by radio taxis : As per Section 66D(o)(vi) of Finance Act, 1994, … [Read more...]
Audit of the Service Tax assessees by the officers of Service Tax and Central Excise Commissionerates – Circular No. 181/7/2014-Service Tax
Circular No. 181/7/2014-Service TaxF. No. 137/46/2014-Service TaxGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise and Customs New Delhi, the 10th December, 2014 To, All Principal Chief Commissioners / Chief Commissioners of Central … [Read more...]
Every assessee make available the records for the scrutiny of the officer or the audit party – Service Tax Third Amendment Rules 2014
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF EXCISE AND CUSTOMS NOTIFICATION No. 23/2014-SERVICE TAX New Delhi, the 5th December, … [Read more...]